diff --git a/CMakeLists.txt b/CMakeLists.txt
index 068d97d49b..8113cdea90 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -204,7 +204,8 @@ endif()
 option(CURL_WERROR "Turn compiler warnings into errors" OFF)
 option(PICKY_COMPILER "Enable picky compiler options" ON)
 option(BUILD_CURL_EXE "Build curl executable" ON)
-option(BUILD_SHARED_LIBS "Build shared libraries" ON)
+get_property(_has_shared GLOBAL PROPERTY TARGET_SUPPORTS_SHARED_LIBS)
+option(BUILD_SHARED_LIBS "Build shared libraries" ${_has_shared})
 option(BUILD_STATIC_LIBS "Build static libraries" OFF)
 option(BUILD_STATIC_CURL "Build curl executable with static libcurl" OFF)
 option(ENABLE_ARES "Enable c-ares support" OFF)
@@ -260,7 +261,7 @@ if(WIN32)
     endif()
     unset(MINGW64_VERSION CACHE)  # Avoid storing in CMake cache
   endif()
-elseif(DOS OR AMIGA)
+elseif(DOS)
   set(BUILD_SHARED_LIBS OFF)
   set(BUILD_STATIC_LIBS ON)
 endif()
diff --git a/docs/INSTALL-CMAKE.md b/docs/INSTALL-CMAKE.md
index edce5c0e72..9921fbf12c 100644
--- a/docs/INSTALL-CMAKE.md
+++ b/docs/INSTALL-CMAKE.md
@@ -221,7 +221,7 @@ target_link_libraries(my_target PRIVATE CURL::libcurl)
 - `BUILD_EXAMPLES`:                         Build libcurl examples. Default: `ON`
 - `BUILD_LIBCURL_DOCS`:                     Build libcurl man pages. Default: `ON`
 - `BUILD_MISC_DOCS`:                        Build misc man pages (e.g. `curl-config` and `mk-ca-bundle`). Default: `ON`
-- `BUILD_SHARED_LIBS`:                      Build shared libraries. Default: `ON`
+- `BUILD_SHARED_LIBS`:                      Build shared libraries. Default: `ON` (if target platform supports shared libs, otherwise `OFF`)
 - `BUILD_STATIC_CURL`:                      Build curl executable with static libcurl. Default: `OFF` (turns to `ON`, when building static libcurl only)
 - `BUILD_STATIC_LIBS`:                      Build static libraries. Default: `OFF` (turns to `ON` if `BUILD_SHARED_LIBS` is `OFF`)
 - `BUILD_TESTING`:                          Build tests. Default: `ON`